The Lamp - ExxonMobil
The Lamp - ExxonMobil
The Lamp - ExxonMobil
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West Africa update<br />
<strong>ExxonMobil</strong> is adding to the<br />
world’s energy supply – not only<br />
by finding new reservoirs, but also<br />
by making existing ones more<br />
productive, while at the same<br />
time reducing greenhouse-gas<br />
emissions. That’s happening<br />
now in the East Area fields of the<br />
Nigeria joint-venture concession.<br />
<strong>The</strong> Nigerian National Petroleum<br />
Corporation and an Exxon<br />
Mobil Corporation affiliate, Mobil<br />
Producing Nigeria (MPN), have<br />
completed a two-stage development<br />
to enhance production from<br />
aging fields, reduce flaring and<br />
recover high-value natural gas<br />
liquids from the gas stream.<br />
<strong>The</strong> latest development,<br />
called the Natural Gas Liquids II<br />
(NGL II) project, follows the 2006<br />
Additional Oil Recovery project<br />
13<br />
and completes East Area’s fiveyear,<br />
$3.5 billion investments.<br />
Recently completed work on<br />
the NGL II project includes the<br />
installation of an offshore gasprocessing<br />
complex, more than<br />
125 miles of new pipelines and<br />
the expansion of Nigeria’s Bonny<br />
River Terminal. <strong>The</strong> new facilities<br />
can process up to 950 million<br />
cubic feet of natural gas a day,<br />
yielding up to 50,000 barrels a<br />
day of natural gas liquids.<br />
“This project is aligned closely<br />
with Nigeria’s goals of growing<br />
reserves, increasing production<br />
and reducing flared gas,”<br />
says Al Hirshberg, <strong>ExxonMobil</strong><br />
Development Company vice<br />
president for established areas.<br />
“<strong>The</strong> work on the NGL II project<br />
includes more than 12 million<br />
Story by Richard Cunningham Photography by Michael Kotlen<br />
Fifth major<br />
<strong>ExxonMobil</strong> startup<br />
in 2008 commercializes Nigerian<br />
natural gas liquids<br />
Project is also boosting oil production<br />
and cutting carbon emissions.<br />
hours completed by Nigerian<br />
workers and local contractors<br />
with an outstanding safety performance.<br />
We are proud of our<br />
accomplishments with this significant<br />
project and the contributions<br />
it has made to Nigeria.”<br />
<strong>The</strong> NGL II project continues<br />
MPN’s tradition of strengthening<br />
and expanding the capabilities<br />
of Nigerian companies. Besides<br />
using a significant in-country<br />
labor force, the project provided<br />
an opportunity for Nigerian<br />
companies to furnish in-country<br />
fabrication, logistics support and<br />
other services. <strong>The</strong>se companies<br />
were involved in construction of<br />
the Bonny River Terminal expansion,<br />
installation of pipelines and<br />
fabrication of components for<br />
the offshore complex.<br />
A marine-transport vessel<br />
installs a new offshore platform<br />
at the East Area NGL II project.<br />
<strong>The</strong> development also includes<br />
more than 125 miles of new<br />
pipelines and an expansion of<br />
Nigeria’s Bonny River Terminal.<br />
A key part of NGL II development’s<br />
strategy included the use<br />
of funding from Nigerian banks.<br />
Approximately $220 million of<br />
the total project financing was<br />
completely arranged through<br />
Nigerian banks. This represents<br />
the first time a major oil and<br />
gas joint venture in Nigeria has<br />
completed a financing package<br />
exclusively through Nigerian<br />
financial institutions.<br />
Although a sizeable part of the<br />
total budget was spent in Nigeria,<br />
construction was on a global